Award-Winning Waterfront Model Home | 18-Month Triple-Net Leaseback Opportunity Experience exceptional waterfront living in Lee Wetherington Homes' award-winning Sand Dollar model, professionally designed and impeccably furnished in the prestigious Shellstone at Waterside community of Lakewood Ranch. This professionally furnished model home is offered with a separately purchased designer furnishings package under a separate Bill of Sale. Simultaneous closing includes an exclusive 18-month triple-net leaseback to Lee Wetherington Homes, creating a rare opportunity to own one of the area's premier luxury model homes while it is professionally maintained and showcased. Throughout the lease term, Lee Wetherington Homes, as tenant, will be responsible under the terms of the lease for property taxes, non-ad valorem assessments, HOA dues, hazard and liability insurance, utilities, property maintenance, operating expenses, and the initial capital contribution and amenity fee. Buyers may elect to receive lease payments monthly throughout the lease term or apply the full lease amount as a credit at closing. Designed to celebrate Florida's signature indoor-outdoor lifestyle, the Sand Dollar offers sophisticated architecture, expansive living spaces, designer-selected finishes, and a beautifully curated interior. Walls of 12ft tall glass frame tranquil waterfront views of a 200 acre lake, while seamlessly connecting the great room, gourmet kitchen, and outdoor living areas, creating an ideal setting for both everyday living and effortless entertaining. The luxurious owner's retreat offers a private sanctuary with a spa-inspired bath, while generously appointed guest suites provide exceptional comfort and privacy. Every detail reflects the renowned craftsmanship, innovative design, and timeless elegance that have defined Lee Wetherington Homes for more than four decades. Residents of Shellstone at Waterside enjoy access to the newly completed Summit Hall amenity campus, featuring a resort-style pool, state-of-the-art fitness center, elegant clubhouse, and the 13 acre Midway sports park which offers pickle-ball, tennis, basketball, outdoor fitness, dog park and playground, all within one of Lakewood Ranch's most sought-after waterfront communities. A truly exceptional opportunity to own an award-winning luxury model home with the confidence of a professionally managed triple-net leaseback. Leaseback terms, furnishings package, and additional details are available upon request.
New construction
$3,499,900
800 BLUE SHELL LOOP, SARASOTA, FL 34240
3beds
3,289sqft
Single Family Residence
Built in 2025
9,910 Square Feet Lot
$3,282,400 Zestimate®
$1,064/sqft
$430/mo HOA
What's special
Resort-style poolDesigner-selected finishesGenerously appointed guest suitesImpeccably furnishedBeautifully curated interiorSophisticated architectureProfessionally designed
- 24 days
- 929
- 42
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Caroline Wetherington 949-734-9200,
LEE WETHERINGTON REALTY 949-734-9200
Source: Stellar MLS,MLS#: A4702160
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Primary bathroom
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Great room
- Level: First
Kitchen
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Eating Space In Kitchen, High Ceilings, Open Floorplan
- Flooring: Tile
- Doors: Outdoor Kitchen
- Has fireplace: Yes
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total structure area: 4,755
- Total interior livable area: 3,289 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Lighting, Outdoor Kitchen, Rain Gutters
- Has private pool: Yes
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Body of water: LAKE MERGANSER
Lot
- Size: 9,910 Square Feet
Details
- Parcel number: 0197090043
- Zoning: VPD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Stem Wall
- Roof: Tile
Condition
- Completed
- New construction: Yes
- Year built: 2025
Details
- Builder name: Lee Wetherington Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WATERSIDE
HOA
- Has HOA: Yes
- HOA fee: $430 monthly
- HOA name: Delia Collins
- HOA phone: 352-973-3600
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,064/sqft
- Tax assessed value: $594,200
- Annual tax amount: $9,537
- Date on market: 8/5/2026
- Cumulative days on market: 24 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$3,282,400
$3.12M - $3.45M
$7,323/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $3,499,900+1.4%$1,064/sqft |
Source: | ||
| 5/1/2026 | Listing removed | $3,449,900$1,049/sqft |
Source: | ||
| 7/14/2025 | Price change | $3,449,900-1.4%$1,049/sqft |
Source: | ||
| 4/2/2025 | Listed for sale | $3,499,900$1,064/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,537 +104% | $594,200 +249.9% |
| 2024 | $4,674 | $169,800 |
Find assessor info on the county website
Monthly payment
Est. payment





